Impact of COVID-19 Pandemic on Safety Level of Polish Listed Banks: The Capital Adequacy Ratio in 2015-2020

Purpose: The article aims to determine the impact of the COVID-19 pandemic on the safety level of the Polish-listed banks. The safety level will be determined using a classic measure: the capital adequacy ratio (solvency ratio). The objective of the empirical study is to measure the safety level of 12 Polish-listed banks in 2015-2020 and classify them according to their level of safety. Design/Methodology/Approach: In the empirical part, an attempt was made to measure the safety level of Polish-listed banks in the 2015-2020 years by using statistical data from the Bank Focus database and financial statements. The sample consisted of 12 Polish-listed banks. The empirical part used descriptive statistics, ratio analysis, and correlation analysis between the variables. Findings: The analyzed banks were differentiated according to their safety level. Furthermore, the most and the minor safe banks were be identified, as well as banks that do not meet the minimum regulatory requirements. Practical Implications: The results of the conducted research can be used in the practical activities of banks in terms of adjusting their operation to regulatory requirements and the development of the COVID-19 pandemic. Research results can also be used as a benchmark for decisions and actions taken by regulatory and supervisory authorities. As well the research results can increase the trust the stakeholders have in the banking sector. Originality/value: An assessment of the safety level of the Polish-listed banks and consequences and threats caused by the COVID-19 pandemic will be of significant cognitive importance.